And then there was one: Blooom the sole local firm left in national pitch contest
November 17, 2015 | Bobby Burch
Financial tech startup Blooom is the lone Kansas City-area company to advance in the Ewing Marion Kauffman Foundation’s “One in a Million” pitch competition
Out of an initial field of more than 350 companies, the Leawood-based firm advanced to the final round of five in the foundation’s pitch contest. The competition, which will conclude the morning of Nov. 18 during Global Entrepreneurship Week, will award $10,000 to one startup that previously participated in the foundation’s 1 Million Cups program.
The other four startups to advance in the contest are: SwineTech of New Sharon, Iowa; Upsie of Minneapolis, Minn.; DryBox of San Antonio, Texas; and My Solar of Los Angeles, California. Two other Kansas City-area companies — Idle Smart and AEGLE Palette — failed to advance to the final round of five.
A star-studded lineup of businesspeople from around the nation will be judging Blooom and the other four startups. Judges in the competition’s final round of five startups are: Marcelo Claure, CEO of Sprint; Nicole Glaros, chief product officer of Techstars; and Paul Kedrosky, managing partner of SK Ventures.
Kansas City Mayor Sly James will present the first-place team the grand prize of $10,000, while second- and third-place winners will receive $5,000 and $1,000, respectively.
The Kauffman Foundation will be providing a live stream of the competition 9 a.m. Wednesday.
Featured Business
2015 Startups to Watch
stats here
Related Posts on Startland News
Infographic: Impact of the Kansas Angel Investor Tax Credits
Facing a massive budgetary crisis, the State of Kansas may be placing the Kansas Angel Investor Tax Credit program on the chopping block. The popular program — tapped by more than 300 startups in its 11 years — has had a tremendous impact on the area startup community but is scheduled to sunset after 2016. Since…
Holt: Early-stage capital isn’t Kansas City’s biggest problem
Rack your brain and create a list of local tech businesses that have successfully raised early-stage capital in Kansas City. The list is actually quite extensive. Now try to list the tech firms that have raised later stage capital in Kansas City — defined as closing a round of $5 million or more. It’s going…
Kansas City’s Smart City taking shape with kiosks’ arrival
The first physical elements of Kansas City’s Smart City project have sprung up in downtown. On Monday morning, the City of Kansas City, Mo. installed two digital kiosks on the 1300 block of Grand Boulevard. The seven-foot-tall, touchscreen kiosks — only two of 25 total — will provide users details on city services and real-time information…
Austin’s ‘hostile attitude’ toward innovation, startup hub trends
Here’s this week’s dish on lesson’s learned from Austin’s “hostile attitude” toward innovation, booming non-Silicon Valley startup hubs and what startups can do for the future workforce. Check out more in this series here. AustinInno: Austin just scared off 1 of its ‘biggest supporters’ in Silicon Valley The Austin, Texas City Council’s recent decision to…